In this era of rapid digital advancement, several companies and businesses have been yearning for better and faster payment solutions. The increasing prominence of different cryptocurrencies has made it a possible globally accepted payment option.
From huge online enterprises to tiny stores, the number of organizations allowing cryptocurrency transactions is steadily expanding. You can easily set up a crypto payment system with cryptocurrency payment processing platforms like Coingate and start making online purchases. By embracing this innovation, you can attract more customers and put your business ahead of your competitors.
And we can assure you that you won’t be alone!
Numerous significant businesses have benefited from being the first adopters of cryptocurrency payment methods. Even retail stores and name-known franchises have now begun accepting cryptocurrency as payment.
To assist you in getting a more precise idea, we have listed 5 prominent brands and businesses that accept crypto payments.
Top Places That Accept Crypto
Overstock
Overstock, the online retail brand, is presently the market leader in retail and cryptocurrencies. They not only accept popular cryptos like Bitcoin but also accept several different other types of cryptocurrencies.
In 2014, Overstock started accepting bitcoin payments. And it was among one of the earliest major eCommerce merchants to embrace cryptocurrency payments for its items. They accept cryptocurrency payments for a variety of items. Buyers who want to pay using virtual currencies can simply choose a cryptocurrency option during checkout.
Overstock does not just accept bitcoin but also stores them! They are a company that provides the greatest service to the crypto industry! They are not just utilizing Cryptocurrency payment methods as just a marketing gimmick.
Home Depot
Home Depot has long been the leading hardware retail store chain throughout the U.S. Home Depot’s acceptance of the cryptocurrency payment option is significant since you can buy equipment and supplies to build your entire home with Bitcoin.
Home Depot does not accept bitcoins on online purchases but also at their physical outlets. In only a few simple steps, you can buy all you need at Home Depot with Bitcoin. They also accept other forms of cryptocurrencies in simple payment options.
Starbucks
In 2019, Starbucks first dismayed the Crypto community. It happened when people falsely claimed that they would start accepting direct Bitcoin payments at their outlets. Nevertheless, Starbucks soon stated that those claims were incorrect on two counts.
For starters, the company would not be accepting direct Bitcoin transactions. Second, Starbucks will be collaborating with a third-party processor to accept crypto payments. Fast forward to 2022, the platform is now live and customers can easily enjoy their favorite Starbucks drinks at the convenience of crypto payments!
Shopify
Shopify is one of the most popular e-commerce solutions that enables businesses and online sellers to create their digital storefronts. It allows vendors to sell items in a manner comparable to Amazon, or any other similar major online shopping company.
Their business can accept bitcoin transactions using an electronic cryptocurrency payment platform. However, on the contrary, you can’t use the Shopify website for direct bitcoin payments. Their current algorithm somehow does not accept cryptocurrencies.
Dallas Mavericks
Are you a sports fan? Well, whether you are a fan or not, you must have heard of the basketball team Dallas Mavericks. It is owned by the well-known Shark Tank financier and crypto aficionado Mark Cuban.
It has nearly been over two whole years that this NBA club has been accepting cryptocurrency payments. Supporters of the Mavericks may purchase game tickets online and merchandise with different prominent cryptocurrencies. The Mavs also employ an online cryptocurrency payment gateway to execute their cryptocurrency transactions.
What Are The Benefits Of Integrating Cryptocurrency Payment Options?
Once you begin conducting transactions in cryptocurrencies like Bitcoin, Monero, Ripple, Ethereum, and other cryptocurrencies, you will be astonished at the numerous benefits crypto transactions have over traditional payment systems!
Some of the perks of Cryptocurrency payments include:
- Low Transaction Charges
- Irrevocable transactions
- Micro-transactions
- Improved client confidentiality
- Better prospective clients!
Final Words
Currently, not many establishments accept crypto directly. Although, it is apparent that now the acceptance of cryptos as a viable payment system is expanding every passing year.
It is still long before all online and offline businesses take cryptocurrencies. However, if you begin setting up your crypto payment system with prominent crypto providers today. You will be among the first to take a step toward this digital and financial business revolution.
Are you aware of any other significant businesses that take cryptocurrency payments but are not in this weblog? Or do you have any queries about how to set up your crypto payment gateway? Head out to your trusted crypto payment processor today!
